When you’re thinking of moving home, a basement may not be top of your wishlist. But there are some very good reasons why you should consider investing in a property with a basement – just make sure you work with an experienced basement construction company to realise your plans.
Room to grow
There’s no limit to how you can use your basement space. And while you might not be looking to create an iceberg basement you can convert a suite of small and cramped rooms into useful extra space.
If you want to go further then a basement construction can create a guest suite or an open plan living kitchen. The point is that a property with a basement gives you options to extend your living space in the future.
You might not want to go to the expense of a full scale conversion or construction and simply use your basement space for useful storage. But you may need the services of a basement company with expertise in waterproofing to make sure your basement space is damp proof and suitable for storing anything from books to sports gear.
In fact it’s worth waterproofing your basement even if you don’t intend to use it as this can prevent damp and mould that can cause untold problems.
Potential for extra income
If you dream of being mortgage free, or not having to struggle with the bills, then a home with a basement gives you potential. The potential to create anything from a self contained guest suite you can rent by the night or the week to a proper basement flat that can be rented to tenants for a longer period.
If you plan to create a rentable space, make sure it meets building regulations for safety, energy efficiency and head height and that a fire escape door or window is fitted.
Indulge your hobbies
Whether you’re a model railway fan or a movie buff, a basement conversion is a great way to indulge your hobbies without disturbing the rest of the household. It’s a great location for a home gym with a sauna, a multimedia room or even a home brewery. If your teenagers need somewhere for band practice, make sure you fit out your basement with excellent sound insulation.
Whatever your favourite hobby, a basement space is ideal and your basement construction company will help you get the best out of the space.
Increase the value of your home
It goes without saying that extra square footage adds value to your home. Prospective buyers like the flexibility that basement space offers so if you see a home with a basement up for grabs, it’s a smart investment that could net you 20% on the market value when you come to resell.
The right basement construction company
How you maximise the value and functionality of your basement really depends on the quality of the basement construction company you choose to work with. At Noble Structures we have the expertise you need backed up with the accreditation that gives you peace of mind.
With so many benefits to buying a home with a basement, what are you waiting for? Put in an offer then give us a call.